HG to rejig management as profit doubles to £25m

Chris Benham

High-rise specialist sees turnover hit record figure

Hertfordshire contractor HG Construction said turnover hit a record last year with the firm adding that it has paid back all of the money it claimed under the government’s covid-19 furlough scheme.

The company, which specialises in residential high-rise and student accommodation work for clients including Argent Related and Clarion, saw income in 2021 jump 21% to £243m with pre-tax profit up by half to £25m.

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